Cash flow BRP Inc.

Equities

DOO

CA05577W2004

Recreational Products

Market Closed - Toronto S.E. Other stock markets 16:00:00 2025-12-12 EST			5-day change	1st Jan Change
106.81 ^CAD	+0.25%		+0.65%	+45.90%

12-04	BRP Inc., Q3 2026 Earnings Call, Dec 04, 2025
12-04	BRP announces the renewal of its normal course issuer bid	RE

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Published financial data: BRP INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: January	2021	2022	2023	2024	2025
Revenues	5.95B	7.65B	10.03B	10.37B	7.83B
Total Revenues	5.95B	7.65B	10.03B	10.37B	7.83B
Cost of Goods Sold, Total	4.4B	5.51B	7.53B	7.77B	6.06B
Gross Profit	1.55B	2.14B	2.5B	2.6B	1.77B
Selling General & Admin Expenses, Total	568M	670M	778M	867M	760M
R&D Expenses	242M	290M	368M	442M	391M
Other Operating Expenses	3.7M	-1.5M	-4.4M	5.2M	-13M
Other Operating Expenses, Total	814M	958M	1.14B	1.31B	1.14B
Operating Income	735M	1.18B	1.36B	1.29B	636M
Interest Expense, Total	-97.9M	-56.9M	-110M	-175M	-184M
Interest And Investment Income	7.6M	3.8M	4.2M	11.8M	8M
Net Interest Expenses	-90.3M	-53.1M	-105M	-163M	-176M
Currency Exchange Gains (Loss)	119M	15.1M	-86.5M	-31.3M	-213M
Other Non Operating Income (Expenses)	-3.9M	-23M	-600K	-5.5M	-8.1M
EBT, Excl. Unusual Items	760M	1.12B	1.17B	1.09B	239M
Restructuring Charges	-156M	-7.9M	-	-	-76.8M
Merger & Related Restructuring Charges	-	-	-1.7M	-	-
Gain (Loss) On Sale Of Assets	12.6M	-1M	-	-	-
Asset Writedown	-124M	-	-	-116M	-9.4M
Legal Settlements	4M	-	-	-	-
Other Unusual Items	-11.1M	-35.4M	1.8M	-17.9M	-
EBT, Incl. Unusual Items	484M	1.08B	1.17B	954M	152M
Income Tax Expense	121M	282M	300M	210M	89.7M
Earnings From Continuing Operations	363M	795M	865M	744M	62.7M
Earnings Of Discontinued Operations	-	-	-	-	-276M
Net Income to Company	363M	795M	865M	744M	-213M
Minority Interest	500K	-700K	-1.5M	-1.1M	-100K
Net Income - (IS)	363M	794M	864M	743M	-213M
Net Income to Common Incl Extra Items	363M	794M	864M	743M	-213M
Net Income to Common Excl. Extra Items	363M	794M	864M	743M	62.6M
Per Share Items
Net EPS - Basic	4.15	9.57	10.88	9.63	-2.89
Basic EPS - Continuing Operations	4.15	9.57	10.88	9.63	0.85
Basic Weighted Average Shares Outstanding	87.52M	82.97M	79.38M	77.17M	73.66M
Net EPS - Diluted	4.1	9.31	10.67	9.47	-2.86
Diluted EPS - Continuing Operations	4.1	9.31	10.67	9.47	0.84
Diluted Weighted Average Shares Outstanding	88.6M	85.26M	80.95M	78.52M	74.59M
Normalized Basic EPS	5.43	8.44	9.16	8.8	2.02
Normalized Diluted EPS	5.36	8.21	8.98	8.65	2
Dividend Per Share	0.11	0.52	0.64	0.72	0.84
Payout Ratio	2.64	5.43	5.88	7.48	-29.05
Supplemental Items
EBITDA	943M	1.4B	1.61B	1.6B	977M
EBITA	746M	1.19B	1.37B	1.3B	643M
EBIT	735M	1.18B	1.36B	1.29B	636M
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	25.07	26.2	25.77	21.97	58.86
Total Current Taxes	149M	282M	334M	245M	82.1M
Total Deferred Taxes	-27.3M	400K	-33.5M	-35M	7.6M
Normalized Net Income	475M	700M	727M	679M	149M
Interest on Long-Term Debt	111M	101M	111M	197M	184M
Non-Cash Pension Expense	5.8M	4.4M	9.2M	6.8M	6.4M
Supplemental Operating Expense Items
Selling and Marketing Expenses	332M	394M	434M	480M	438M
General and Administrative Expenses	230M	271M	339M	380M	315M
Research And Development Expense From Footnotes	267M	322M	408M	482M	456M
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Stock-Based Comp., G&A Exp. (Total)	14.2M	17.7M	19.5M	18.7M	15.5M
Stock-Based Comp., Other (Total)	-	-	-	2M	-
Total Stock-Based Compensation	14.2M	17.7M	19.5M	20.7M	15.5M

Fiscal Period: January	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	1.33B	266M	202M	492M	181M
Short Term Investments	76.5M	-	-	-	-
Total Cash And Short Term Investments	1.4B	266M	202M	492M	181M
Accounts Receivable, Total	249M	336M	490M	533M	469M
Other Receivables	90.6M	161M	209M	184M	289M
Total Receivables	340M	497M	699M	717M	758M
Inventory	1.09B	1.69B	2.29B	2.16B	1.73B
Other Current Assets, Total	32.9M	214M	189M	164M	506M
Total Current Assets	2.86B	2.67B	3.38B	3.53B	3.17B
Gross Property Plant And Equipment	2.55B	2.94B	3.51B	3.94B	4.11B
Accumulated Depreciation	-1.27B	-1.37B	-1.52B	-1.76B	-1.99B
Net Property Plant And Equipment	1.28B	1.57B	1.99B	2.17B	2.12B
Long-term Investments	31.6M	-	-	-	-
Goodwill	116M	116M	252M	252M	252M
Other Intangibles, Total	349M	379M	489M	413M	352M
Deferred Tax Assets Long-Term	227M	213M	258M	338M	338M
Other Long-Term Assets, Total	21.3M	80.5M	94.1M	70.1M	55M
Total Assets	4.89B	5.03B	6.46B	6.78B	6.29B
Liabilities
Accounts Payable, Total	815M	965M	944M	1.03B	829M
Accrued Expenses, Total	482M	658M	604M	424M	393M
Short-term Borrowings	-	-	29M	-	-
Current Portion of Long-Term Debt	25.3M	103M	59.4M	58.1M	53.8M
Current Portion of Leases	33.5M	29.4M	44.7M	46.3M	47.1M
Current Income Taxes Payable	63M	136M	81.3M	47.9M	44.3M
Unearned Revenue Current, Total	72.4M	248M	85.3M	89.9M	64.9M
Other Current Liabilities	702M	480M	635M	812M	995M
Total Current Liabilities	2.19B	2.62B	2.48B	2.51B	2.43B
Long-Term Debt	2.38B	1.94B	2.73B	2.7B	2.87B
Long-Term Leases	206M	118M	152M	142M	158M
Unearned Revenue Non Current	133M	107M	142M	113M	84.4M
Pension & Other Post Retirement Benefits	298M	220M	158M	156M	194M
Deferred Tax Liability Non Current	16.4M	22.4M	58.9M	106M	58.8M
Other Non Current Liabilities	131M	140M	200M	234M	252M
Total Liabilities	5.36B	5.16B	5.92B	5.96B	6.05B
Common Stock, Total	210M	261M	256M	248M	251M
Additional Paid In Capital	-	-	58.8M	71.8M	83M
Retained Earnings	-576M	-404M	176M	443M	-37.3M
Comprehensive Income and Other	-113M	8.1M	44.8M	45.5M	-55.4M
Total Common Equity	-479M	-136M	535M	809M	241M
Minority Interest	3.8M	2.8M	5.2M	5M	5.5M
Total Equity	-475M	-133M	540M	814M	247M
Total Liabilities And Equity	4.89B	5.03B	6.46B	6.78B	6.29B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	84.67M	81.04M	78.91M	74.96M	73.03M
ECS Total Common Shares Outstanding	86.54M	81.5M	78.91M	74.96M	73.03M
Book Value / Share	-5.53	-1.66	6.78	10.79	3.3
Tangible Book Value	-944M	-630M	-206M	144M	-362M
Tangible Book Value Per Share	-10.91	-7.74	-2.62	1.92	-4.96
Total Debt	2.65B	2.19B	3.02B	2.95B	3.13B
Net Debt	1.25B	1.92B	2.81B	2.46B	2.95B
Debt Equivalent of Unfunded Proj. Benefit Obligation	298M	220M	158M	156M	194M
Debt Equivalent Oper. Leases	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	3.8M	2.8M	5.2M	5M	5.5M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	541M	1.19B	1.18B	835M	702M
Inventories - Finished Goods, Total	547M	498M	1.11B	1.32B	1.03B
Land - (BS)	92.2M	150M	167M	196M	154M
Buildings, Total	423M	605M	756M	861M	862M
Machinery, Total	1.82B	2.05B	2.41B	2.71B	2.91B
Full Time Employees	14.5K	20K	23K	20K	16.5K
Accumulated Allowance for Doubtful Accounts (Supple)	4.2M	4.4M	3.6M	5.5M	6.5M

Fiscal Period: January	2021	2022	2023	2024	2025
Net Income	363M	794M	864M	743M	-213M
Depreciation & Amortization - CF	233M	247M	284M	351M	388M
Amortization of Goodwill and Intangible Assets - (CF)	11.5M	10.4M	9.5M	12.4M	7.4M
Depreciation & Amortization, Total	244M	257M	293M	363M	396M
Amortization of Deferred Charges, Total - (CF)	29M	60.5M	18.1M	51.1M	31.8M
(Gain) Loss From Sale Of Asset	-12.6M	1M	-	-	-
Asset Writedown & Restructuring Costs	177M	-	-	116M	9.5M
Net Cash From Discontinued Operations	-	-	-	-	184M
Other Operating Activities, Total	-51.4M	176M	163M	156M	270M
Change In Accounts Receivable	90.3M	-169M	-166M	3.7M	17.6M
Change In Inventories	101M	-648M	-514M	123M	269M
Change In Accounts Payable	199M	356M	-108M	-96.1M	-215M
Change in Other Net Operating Assets	-186M	-57.5M	99.1M	198M	-9M
Cash from Operations	954M	770M	650M	1.66B	740M
Capital Expenditure	-253M	-629M	-601M	-548M	-397M
Sale of Property, Plant, and Equipment	19.3M	400K	-	-	-
Cash Acquisitions	-	-	-208M	-	-
Sale (Purchase) of Intangible assets	-26.6M	-68.8M	-58.4M	-37.4M	-29.8M
Other Investing Activities, Total	300K	9.6M	14.2M	10.9M	900K
Cash from Investing	-260M	-688M	-853M	-575M	-426M
Short Term Debt Issued, Total	-	-	29M	-	-
Long-Term Debt Issued, Total	964M	410M	921M	3.3M	3.6M
Total Debt Issued	964M	410M	950M	3.3M	3.6M
Short Term Debt Repaid, Total	-	-	-	-29M	-
Long-Term Debt Repaid, Total	-86.6M	-815M	-287M	-107M	-112M
Total Debt Repaid	-86.6M	-815M	-287M	-136M	-112M
Issuance of Common Stock	22.5M	65M	10.8M	18.2M	14.2M
Repurchase of Common Stock	-172M	-683M	-306M	-446M	-215M
Common Dividends Paid	-9.6M	-43.1M	-50.8M	-55.6M	-61.9M
Common & Preferred Stock Dividends Paid	-9.6M	-43.1M	-50.8M	-55.6M	-61.9M
Other Financing Activities, Total	-135M	-77.1M	-127M	-181M	-182M
Cash from Financing	584M	-1.14B	190M	-797M	-553M
Foreign Exchange Rate Adjustments	5.5M	500K	-49.9M	3.1M	-73.3M
Net Change in Cash	1.28B	-1.06B	-63.5M	290M	-312M
Supplemental Items
Cash Interest Paid	92.1M	53.2M	101M	168M	178M
Cash Income Tax Paid (Refund)	150M	179M	349M	256M	147M
Levered Free Cash Flow	855M	-172M	-461M	737M	268M
Unlevered Free Cash Flow	904M	-180M	-393M	823M	383M
Change In Net Working Capital	-450M	512M	913M	-192M	31.3M
Net Debt Issued / Repaid	878M	-405M	663M	-132M	-108M

Fiscal Period: January	2021	2022	2023	2024	2025
Profitability
Return on Assets	10.61	14.9	14.77	12.16	6.08
Return on Total Capital	26.46	34.94	30.26	21.99	11.13
Return On Equity %	-68.18	-261.51	424.94	109.97	11.82
Return on Common Equity	-67.77	-258.47	432.71	110.64	11.92
Margin Analysis
Gross Profit Margin %	26.02	27.98	24.91	25.09	22.65
SG&A Margin	9.55	8.76	7.75	8.36	9.7
EBITDA Margin %	15.85	18.34	16.09	15.44	12.47
EBITA Margin %	12.54	15.59	13.63	12.54	8.22
EBIT Margin %	12.34	15.46	13.54	12.42	8.12
Income From Continuing Operations Margin %	6.1	10.39	8.63	7.18	0.8
Net Income Margin %	6.1	10.38	8.61	7.17	-2.72
Net Avail. For Common Margin %	6.1	10.38	8.61	7.17	0.8
Normalized Net Income Margin	7.98	9.15	7.25	6.55	1.9
Levered Free Cash Flow Margin	14.37	-2.24	-4.59	7.11	3.42
Unlevered Free Cash Flow Margin	15.18	-2.36	-3.92	7.94	4.89
Asset Turnover
Asset Turnover	1.38	1.54	1.75	1.57	1.2
Fixed Assets Turnover	4.72	5.36	5.63	4.98	3.65
Receivables Turnover (Average Receivables)	20.59	26.13	24.29	20.27	15.63
Inventory Turnover (Average Inventory)	3.91	3.96	3.78	3.49	3.12
Short Term Liquidity
Current Ratio	1.31	1.02	1.36	1.41	1.31
Quick Ratio	0.79	0.29	0.36	0.48	0.39
Operating Cash Flow to Current Liabilities	0.44	0.29	0.26	0.66	0.3
Days Sales Outstanding (Average Receivables)	17.77	13.97	15.03	18.01	23.41
Days Outstanding Inventory (Average Inventory)	93.65	92.07	96.44	104.48	117.42
Average Days Payable Outstanding	66.41	53.15	42.84	47.12	60.33
Cash Conversion Cycle (Average Days)	45.01	52.89	68.63	75.36	80.51
Long Term Solvency
Total Debt/Equity	-557.91	-1.65K	558.43	362.62	1.27K
Total Debt / Total Capital	121.84	106.46	84.81	78.38	92.69
LT Debt/Equity	-545.53	-1.55K	533.79	349.8	1.23K
Long-Term Debt / Total Capital	119.13	100.01	81.07	75.61	89.7
Total Liabilities / Total Assets	109.72	102.64	91.65	87.99	96.08
EBIT / Interest Expense	7.5	20.77	12.39	7.38	3.46
EBITDA / Interest Expense	10	25.29	15.07	9.46	5.61
(EBITDA - Capex) / Interest Expense	7.41	14.24	9.59	6.32	3.45
Total Debt / EBITDA	2.71	1.52	1.83	1.79	3.03
Net Debt / EBITDA	1.27	1.34	1.7	1.49	2.86
Total Debt / (EBITDA - Capex)	3.65	2.7	2.87	2.68	4.93
Net Debt / (EBITDA - Capex)	1.72	2.37	2.68	2.23	4.64
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-1.65	28.47	31.19	3.32	-21.41
Gross Profit, 1 Yr. Growth %	6.55	38.14	17.22	4.08	-32.67
EBITDA, 1 Yr. Growth %	24.2	48.72	15.81	-0.76	-43.73
EBITA, 1 Yr. Growth %	28.15	59.8	15.57	-4.82	-55.17
EBIT, 1 Yr. Growth %	28.56	60.88	15.79	-5.06	-55.3
Earnings From Cont. Operations, 1 Yr. Growth %	-2.08	118.96	8.91	-13.97	-93.27
Net Income, 1 Yr. Growth %	-2.15	118.46	8.82	-13.95	-128.67
Normalized Net Income, 1 Yr. Growth %	61.26	47.29	2.75	-6.47	-80.54
Diluted EPS Before Extra, 1 Yr. Growth %	3.54	127.07	14.61	-11.25	-92.91
Accounts Receivable, 1 Yr. Growth %	-24.18	34.82	45.82	8.75	-12.05
Inventory, 1 Yr. Growth %	-6.77	55.55	35.4	-5.87	-19.73
Net Property, Plant and Equip., 1 Yr. Growth %	2.93	23.16	26.43	9.21	-2.41
Total Assets, 1 Yr. Growth %	29.7	2.97	28.5	4.81	-7.12
Tangible Book Value, 1 Yr. Growth %	-21.6	-33.2	-67.26	-169.67	-352.09
Common Equity, 1 Yr. Growth %	-19.38	-71.67	-494.47	51.22	-70.17
Cash From Operations, 1 Yr. Growth %	71.77	-19.3	-15.65	155.29	-55.36
Capital Expenditures, 1 Yr. Growth %	-9.76	148.28	-4.44	-8.75	-27.68
Levered Free Cash Flow, 1 Yr. Growth %	429.58	-122.03	160	-259.6	-67.39
Unlevered Free Cash Flow, 1 Yr. Growth %	329.22	-121.77	111.76	-308.8	-57.82
Dividend Per Share, 1 Yr. Growth %	-72.5	372.73	23.08	12.5	16.67
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	6.55	12.41	29.83	16.43	-11.66
Gross Profit, 2 Yr. CAGR %	11.18	21.32	27.02	10.45	-15.76
EBITDA, 2 Yr. CAGR %	21.45	35.91	30.82	7.15	-22.18
EBITA, 2 Yr. CAGR %	24.22	43.1	35.39	4.82	-31.37
EBIT, 2 Yr. CAGR %	24.17	43.81	35.97	4.78	-31.53
Earnings From Cont. Operations, 2 Yr. CAGR %	26.36	46.43	54.42	-3.2	-73.08
Net Income, 2 Yr. CAGR %	26.53	46.2	54.18	-3.23	-50.33
Normalized Net Income, 2 Yr. CAGR %	49.38	54.12	23.7	-2.04	-54.7
Diluted EPS Before Extra, 2 Yr. CAGR %	34.1	53.33	61.32	0.86	-71.94
Accounts Receivable, 2 Yr. CAGR %	-12.05	1.1	40.21	25.93	-2.2
Inventory, 2 Yr. CAGR %	7.2	20.42	45.13	12.89	-13.08
Net Property, Plant and Equip., 2 Yr. CAGR %	18.85	12.59	24.78	17.5	3.24
Total Assets, 2 Yr. CAGR %	26.01	15.56	15.03	16.05	-1.33
Tangible Book Value, 2 Yr. CAGR %	8.16	-27.63	-53.24	-52.24	32.53
Common Equity, 2 Yr. CAGR %	20.81	-52.21	5.71	144.24	-32.84
Cash From Operations, 2 Yr. CAGR %	30.4	17.73	-17.5	46.74	6.75
Capital Expenditures, 2 Yr. CAGR %	-4.56	49.68	54.04	-6.62	-18.77
Levered Free Cash Flow, 2 Yr. CAGR %	149.1	3.08	-23.1	103.94	-23.83
Unlevered Free Cash Flow, 2 Yr. CAGR %	134.76	-7.51	-31.06	110.56	-1.46
Dividend Per Share, 2 Yr. CAGR %	-44.72	14.02	141.21	17.67	14.56
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	10.16	13.4	18.35	20.31	0.79
Gross Profit, 3 Yr. CAGR %	14.02	19.52	19.79	18.86	-5.95
EBITDA, 3 Yr. CAGR %	21.9	29.93	28.57	19.27	-11.19
EBITA, 3 Yr. CAGR %	24.19	35.1	32.93	20.34	-18.38
EBIT, 3 Yr. CAGR %	24.03	35.37	33.45	20.58	-18.46
Earnings From Cont. Operations, 3 Yr. CAGR %	14.92	51.77	32.67	27.06	-57.11
Net Income, 3 Yr. CAGR %	15.01	51.79	32.5	26.94	-35.49
Normalized Net Income, 3 Yr. CAGR %	25.43	48.68	35.13	12.64	-40.51
Diluted EPS Before Extra, 3 Yr. CAGR %	22.88	59.83	39.15	32.19	-55.15
Accounts Receivable, 3 Yr. CAGR %	-3.4	1.41	14.23	28.83	11.73
Inventory, 3 Yr. CAGR %	13.54	21.36	25.22	25.62	0.76
Net Property, Plant and Equip., 3 Yr. CAGR %	18.58	20.27	17.03	19.36	10.45
Total Assets, 3 Yr. CAGR %	23.03	17.8	19.72	11.51	7.75
Tangible Book Value, 3 Yr. CAGR %	15.56	-7.89	-44.45	-46.59	-16.85
Common Equity, 3 Yr. CAGR %	17.25	-25.5	-3.42	19.11	21.18
Cash From Operations, 3 Yr. CAGR %	19.38	11.12	5.35	20.22	-1.31
Capital Expenditures, 3 Yr. CAGR %	5.57	31.26	28.89	29.37	-14.25
Levered Free Cash Flow, 3 Yr. CAGR %	23.8	7.58	41.81	-1.83	14.78
Unlevered Free Cash Flow, 3 Yr. CAGR %	23.64	3.18	23.14	-0.16	27.28
Dividend Per Share, 3 Yr. CAGR %	-22.9	13.04	16.96	87.06	17.33
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	9.23	12.89	17.64	14.6	5.28
Gross Profit, 5 Yr. CAGR %	11.13	16.23	19.05	15.72	4.05
EBITDA, 5 Yr. CAGR %	15.97	23.21	25.39	20.14	5.15
EBITA, 5 Yr. CAGR %	17.04	25.84	28.55	21.87	2.02
EBIT, 5 Yr. CAGR %	16.99	25.93	28.67	22	2.16
Earnings From Cont. Operations, 5 Yr. CAGR %	47.72	25.33	29.34	26.78	-29.91
Net Income, 5 Yr. CAGR %	47.76	25.28	29.32	26.78	-10.52
Normalized Net Income, 5 Yr. CAGR %	35.66	23.05	24.74	26.1	-12.75
Diluted EPS Before Extra, 5 Yr. CAGR %	56.27	32.61	37.01	32.95	-26.66
Accounts Receivable, 5 Yr. CAGR %	-1.83	3.4	12.12	10.58	7.35
Inventory, 5 Yr. CAGR %	9.65	19.65	25.26	17.9	8.21
Net Property, Plant and Equip., 5 Yr. CAGR %	14.97	18.52	21.02	19.16	11.3
Total Assets, 5 Yr. CAGR %	14.85	14.86	19.76	17.1	10.81
Tangible Book Value, 5 Yr. CAGR %	22.42	32.19	-19.53	-29.17	-21.34
Common Equity, 5 Yr. CAGR %	90.06	-3.36	12.49	19.79	-16.48
Cash From Operations, 5 Yr. CAGR %	21.52	8.76	2.98	24.19	5.91
Capital Expenditures, 5 Yr. CAGR %	5.47	29.26	22.79	14.55	7.16
Levered Free Cash Flow, 5 Yr. CAGR %	126.66	-9.89	0.43	39.83	10.65
Unlevered Free Cash Flow, 5 Yr. CAGR %	79.61	-10.94	-3.84	38.08	12.7
Dividend Per Share, 5 Yr. CAGR %	-	-	21.67	14.87	16